Question: Below is a correlation matrix between different securities based on returns. Please answer the following question. If you had to choose two assets for your

Below is a correlation matrix between different securities based on returns. Please answer the following question.

If you had to choose two assets for your portfolio, which pair would give you the greatest benefit with regard to diversification? Explain.

GE Microsoft Walmart
GE 1
Microsoft 0.498309 1
Walmart 0.667344 0.464579 1

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